Funding you earn now, next payment 00:00 UTC−0.0095%/8h= −10.4% APRnext payment −$0.47 per $10,000 · paid last 24h +0.028%
Price spread now: Gate against Bybit+0.398%7-day average +0.446% · you sell dearer than you buy
Net, funding: paid 7d − costs−$1,497as in the Funding arb table
Net, price: spread back to 7d avg − costs−$1,523as in the Price arb table
costs, in and out, $10k−$1,51815.185% of the position
Funding, last 7 days+0.215%+$21 on $10k
+Price spread, last 4 days (all we have)−0.156%−$16 · spread now +0.398%, 7d avg +0.446%
=Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and Gate is 0.048% cheaper against Bybit than usual: you would sell low and buy high (−$5 if the spread goes back to its 7-day average of +0.446%). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +0.215%, so the current rate has only just turned against you.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit ARXUSDT | 0.2010 | 0.0195 | pay 0.0097% / 4h | 1h 49m | $4.0M | $2.3M | 20x |
| Short | Gate ARX_USDT | 0.2018 | 0.0100 | get 0.0050% / 4h | 1h 49m | $1.0M | $428K | 20x |
Bybit ARXUSDT
Gate ARX_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Gate against Bybit. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$19.92
- Price spread: +0.398% → +0.446%
- −$4.81
- Slippage, 4 orders
- −$1,492.49
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$1,543.21
- Costs to cover
- 15.185%
- Break-even
- never at this rate
Slippage from Bybit: live order book, 3 min ago; Gate: live order book, 2 min ago.
Cost to enter
taker fee + slippage from the mid, one side; closing costs about the same again| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Bybit live order book, 3 min ago | 4.96 bp | 193.8 bp −$194 | 3638.9 bp −$36.4K | 93021.9 bp −$9.30M | doesn't fit |
| Sell Gate live order book, 2 min ago | 9.91 bp | 392.1 bp −$392 | doesn't fit | doesn't fit | doesn't fit |
ARX on 10 venues
lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BloFin ARX-USDT | +0.0090% | 4h | 0.2010 | 0.000% | $236K | $51K | 20x | as long as short |
| Gate ARX_USDTshort | +0.0100% | 4h | 0.2018 | +0.398% | $1.0M | $428K | 20x | |
| KuCoin ARXUSDTM | +0.0100% | 4h | 0.2008 | −0.085% | $714K | $661K | 20x | as long as short |
| OKX ARX-USDT-SWAP | +0.0126% | 4h | 0.2010 | 0.000% | $714K | $2.9M | 20x | as long as short |
| Bybit ARXUSDTlong | +0.0195% | 4h | 0.2010 | long leg | $4.0M | $2.3M | 20x | |
| Bitget ARXUSDT | +0.0240% | 4h | 0.2011 | +0.050% | $1.9M | $1.7M | 20x | as long as short |
| Binance ARXUSDT | +0.0369% | 4h | 0.2008 | −0.100% | $5.5M | $11.0M | 20x | as long as short |
| MEXC ARX_USDT | +0.0380% | 4h | 0.2007 | −0.149% | $862K | $400K | 20x | as long as short |
| BingX ARX-USDT | +0.0388% | 4h | 0.2009 | −0.050% | — | $1.7M | — | as long as short |
| Aster ARXUSDT | +0.0658% | 4h | 0.2010 | −0.014% | $101K | $72K | 10x | as long as short |
BloFin ARX-USDT
KuCoin ARXUSDTM
OKX ARX-USDT-SWAP
Bitget ARXUSDT
Binance ARXUSDT
MEXC ARX_USDT
BingX ARX-USDT
Aster ARXUSDT